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The housing developments described in § 18-4.1 above shall be exempt from all property taxes from and after commencement of construction. The City, acknowledging that the sponsor and the Authority or HUD have established the economic feasibility of the housing developments in reliance upon the enactment and continuing effect of §§ 18-4.1 through 18-4.8 hereof and the qualification of the housing development for exemption from all property taxes and payment of a service charge in lieu of taxes as established herein, and in consideration of the sponsor’s offer, subject to receipt of a mortgage loan from the authority or a federally aided mortgage to construct, own and operate said housing developments, hereby agrees to accept payment of an annual service charge for public services in lieu of all property taxes. The annual service charge for each housing development shall be negotiated between the City and the sponsor and shall be set at a rate which will make the housing development economically feasible, and the rate shall be embodied in an ordinance.
(Ord. 2621, passed 1-23-1978; Ord. 3010, passed 10-13-1986)
Notwithstanding the provisions of Section 15(a)(5) of the act, to the contrary, a contract between the City and the Sponsor with the Authority or HUD, as third party beneficiary thereunder, to provide tax exemption and accept payments in lieu thereof as previously described is in effect by enactment of this ordinance.
(Ord. 2621, passed 1-23-1978; Ord. 3810, passed 11-28-2011)
This ordinance, Sections §§ 18-4.1 through 18-4.7, shall remain in effect and shall not terminate so long as the Authority-aided or federally-aided mortgage loan remains outstanding and the unpaid or HUD mortgage insurance is still operative or the Authority or HUD have any interest in the property; provided, that construction or renovation of a housing development commences within one year from the effective date of this ordinance. The tax incentive provided in §§ 18-4.1 through 18-4.7 shall remain in effect and shall not terminate with respect to any particular housing development so long as the Authority-aided or federally-aided mortgage loan remains outstanding and unpaid for that particular housing development or for so long as HUD or the Authority shall have any interest in the property of a particular housing development. Provided, with respect to the River Village Project. Provided further, that construction or renovation of the housing project commences on or before February 28, 2012. Provided further, that with respect to Court Street Village, construction of the housing project commences on or before October 30, 1990; and that, with respect to Avon Park, that construction of the housing project commences on or before October 30, 1994.
(Ord. 2621, passed 1-23-1978; Ord. 3010, passed 10-13-1986; Ord. 3118, passed 11-13-1989; Ord. 3240, passed 7-26-1993; Ord. 3257, passed 11-22-1993; Ord. 3811, passed 11-28-2011)
The tax exemption provided for in MCLA § 125.1415a(1) shall not apply to any housing developments within the boundaries of the City of Flint unless a determination is made, by ordinance, that a particular housing development fits within the same class as described in § 18-4.3 to the extent, if any, that any housing development other than the housing developments described in § 18-4.1 should be construed to be granted a tax exemption and a service charge in lieu of taxes, that the tax exemption is hereby revoked on December 31, 1986, pursuant to MCLA § 125.1415a(5).
(Ord. 3010, passed 10-13-1986)
ARTICLE II. ASSESSMENTS
A Board of Review of the City of Flint is hereby created in accordance with the provisions of Section 7-202 of the Charter. Said Board of Review shall consist of nine qualified registered electors and freeholders of the City. No member of the Board shall hold any other public office or public employment, except that of a Notary Public.
(Ord. 2538, passed 12-22-1975; Ord. 2760, passed 2-25-1980)
The members of the Board of Review shall be appointed by the City Council, and removal from office shall be for cause upon recommendation of the Mayor and approval of the City Council. The first members shall be appointed during the month of January, 1976, three (3) year terms expiring January 1, 1977, three (3) for terms expiring January 1, 1978 and three (3) for terms expiring January 1, 1979. Thereafter three (3) members shall be appointed in the month of December of each year, for at term of three (3) years, commencing on the following January first. No person may be appointed to the Board of Review who resides in the same ward of the City as a person already serving on the Board of Review. Vacancies occurring prior to the expiration of the term shall be filled for the remainder of the term in the same manner as an expired term. The City Assessor and/or his designees shall be entitled to be present and to be heard on all matters before the Board, but shall have no vote. The City Clerk or his authorized representative shall be Clerk of the Board and shall keep a permanent record of all proceedings of the Board on file in his office.
(Ord. 2538, passed 12-22-1975; Ord. 2760, passed 2-25-1980; Ord. 3098, passed 5-8-1989)
The Board of Review is hereby authorized to adopt such rules as it deems necessary for the conduct of its business. All such rules shall be adopted in accordance with Section 1-801 of the Charter.
(Ord. 2538, passed 12-22-1975)
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